The Manhattan Institute issued a report that reveals that a year of middle class wages no longer pays for major household expenditures. From The Washington Post: Lead author Oren Cass distills it as follows: “In 1985, the typical male worker could cover a family of four’s major expenditures (housing, health care, transportation, education) on 30…
The Manhattan Institute provided a report that exposes that a year of middle class earnings no longer spends for significant home expenditures.
From The Washington Post:
Lead author Oren Cass distills it as follows: “In 1985, the normal male worker might cover a family of 4’s significant expenditures (housing, health care, transport, education) on 30 weeks of salary,” he composed on Twitter recently. “By 2018 it took 53 weeks. Which is a problem, there being 52 weeks in a year.”
Image: Washington Post
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‘ We are desperate– we require more immigrants.’ Mick Mulvaney, Trump’s Workplace of Management and Spending plan chief
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